Charles River Laboratories and GE Vernova were recognized for exceptional innovation and leadership in the sourcing industry

JAGGAER, a global leader in enterprise procurement and supplier collaboration, today announces that two of its customers—Charles River Laboratories and GE Vernova—were honored as winners in Sourcing Industry Group (SIG)’s 2024 Future of Sourcing Awards. Out of hundreds of award nominations, the customers were recognized for their innovative work with JAGGAER.

“We are thrilled to see our customers recognized for their extraordinary achievements and innovative approaches in procurement,” said Troy S. Meyers Chief Customer Officer at JAGGAER. “These awards underscore the powerful impact that JAGGAER’s solutions have in transforming procurement processes and driving success and business impact across various industries. We congratulate Charles River Laboratories and GE Vernova for their well-deserved accolades.”

The innovative and strategic initiatives include:

• Charles River Laboratories (CRL) won the Innovations in Sourcing award for its partnership with JAGGAER allowing for digitization, refinement and “self-serve” access of core performance, spend and savings data. This strategy has improved business collaboration allowing for early identification, delivery and tracking of strategic savings and efficiency programs, further supporting CRL’s core mission of accelerating drug development with clients and creating healthier lives for patients.
• GE Vernova received the Innovations in Sustainability award for its partnership with JAGGAER in revolutionizing gas power sourcing. The initiative, which integrated lean methodologies and cutting-edge technology such as AI and machine learning, significantly streamlined procurement processes and set new benchmarks for operational efficiency and supplier engagement in the energy sector.

Two additional JAGGAER customers were named finalists, including LabCentral (Innovations in Governance/Compliance) and Alkermes (Innovations in Supplier Performance).

Georg Roesch, JAGGAER’s VP of Direct Procurement Strategy, also won the SIG Sourcing Star award for his influence in advancing the use of AI and data analytics to enhance procurement efficiency and drive value for clients.

The Future of Sourcing Awards celebrate organizations and individuals that show innovation, leadership and transformation in categories critical to the sourcing and procurement industry. The winners were announced during the SIG Global Executive Summit.

Learn more about how JAGGAER helps customers create value.

For more information about the Future of Sourcing Awards and a complete list of winners, please visit here.

About JAGGAER: Procurement’s intelligent source-to-pay and supplier collaboration platform.

JAGGAER is a global leader in enterprise procurement and supplier collaboration, and the catalyst for enhancing human decision-making to accelerate business outcomes. We help organizations to manage and automate complex processes while enabling their highly resilient, accountable, and integrated supplier base. Backed by 30 years of expertise, our proven AI-powered industry-specific solutions, services, and partnerships form JAGGAER One, serving direct and indirect, upstream and downstream, in settings demanding an intelligent and comprehensive source-to-pay solution. Our 1,200 global employees are obsessed with helping customers create value, transform their businesses, and accelerate their journey to Autonomous Commerce.

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